Overview
What is Knox County Mutual Insurance Company?
Knox County Mutual Insurance Company is a nonprofit organization located in Edina, Missouri. Established with a mission to provide affordable insurance protection, it insures its members against losses due to wind, fire, and other hazards. The company reported a total gross insurance in force for fire, wind, and earthquake at the end of 2016, amounting to $45,376,015. With 452 policies in force in 2016, the company paid out $56,137 in benefits to its members during the current year. Committed to maintaining local control of policyholder funds, Knox County Mutual Insurance Company continues to offer insurance protection for farms, homes, and personal property in Knox County and surrounding areas, ensuring reasonable costs for its members.
Is Knox County Mutual Insurance Company legitimate?
Knox County Mutual Insurance Company is a legitimate nonprofit organization registered as a 501(c)(15) entity. Knox County Mutual Insurance Company submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Knox County Mutual Insurance Company?
Knox County Mutual Insurance Company exists with the primary objective of insuring its members against various perils such as wind, fire, and other hazards. Its mission is to offer affordable insurance protection for farms, homes, and personal property, not just for the property owners but also for tenants, in the vicinity of Knox County and surrounding areas. The company maintains local control over the policyholder's funds, ensuring transparency and accountability in its operations. As of 2016, the total gross insurance in force for fire, wind, and earthquake was $45,376,015, with 452 policies in force. The company also provides benefits to its members in the current year, amounting to $56,137.
Who is the CEO of Knox County Mutual Insurance Company?
Joseph E Delaney is the Director of Knox County Mutual Insurance Company.
What is the revenue of Knox County Mutual Insurance Company?
Knox County Mutual Insurance Company's revenue in 2022 was $315,031.
Who are the executives of Knox County Mutual Insurance Company and what are their salaries?
There are 2 employees at Knox County Mutual Insurance Company.
Here are 8 key members and their salaries:
- Compensation: $540
- Related: $0
- Other: $0
- Compensation: $540
- Related: $0
- Other: $0
- Compensation: $540
- Related: $0
- Other: $0
- Compensation: $450
- Related: $0
- Other: $0
- Compensation: $540
- Related: $0
- Other: $0
- Compensation: $450
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $33,698
- Other: $0
Where can I find the form 990 for Knox County Mutual Insurance Company?
Knox County Mutual Insurance Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Knox County Mutual Insurance Company
Knox County Mutual Insurance Company is established with the primary objective of providing insurance protection. Its mission is centered around insuring its members against various hazards such as wind, fire, and earthquakes. This company is committed to offering reasonable insurance coverage for farms, homes, and personal properties not only to the property owners but also to tenants residing in Knox County and its surrounding areas. The company values local control over policyholder funds, ensuring that the financial resources are managed responsibly and effectively. As of the end of 2016, the total gross insurance in force for fire, wind, and earthquake was $45,376,015. In that year, the company had 452 policies in force, and during the current year, they paid benefits totaling $56,137 to their members. In summary, Knox County Mutual Insurance Company operates with a mission to safeguard its members' assets against losses, while maintaining a local control over policyholder funds, ensuring financial prudence and member satisfaction.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Knox County Mutual Insurance Company plays a vital role in the community by providing essential insurance coverage to its members against losses from wind, fire, and other hazards. With a total gross insurance in force amounting to over $45 million at the end of 2016, the company ensures that individuals and families have financial protection for their homes, farms, and personal property.
In 2016, the company had 452 policies in force, demonstrating its commitment to serving a significant number of local residents. The benefits paid to members amounted to $56,137 in the current year, highlighting the company's dedication to supporting its policyholders during times of need. By maintaining local control of policyholder funds, Knox County Mutual Insurance Company fosters a sense of community and trust, allowing it to offer affordable insurance solutions tailored to the specific needs of residents in Knox County and surrounding areas. Overall, the company's impact is felt through its mission to provide reliable protection and promote financial security for its members.
This information is meant to be a general summary of Knox County Mutual Insurance Company. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,816
- Program Service Revenue: $307,146
- Gross Receipts: $315,031
Assets and Liabilities:
- Total Assets: $1,393,491
- Total Liabilities: $8,063
- Net Assets: $1,385,428
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS
Revenue
$307,146
Organization Details
Founding Year
1894
Phone
(660) 397-2383Principal Officer
Joseph E Delaney
Main Address
PO BOX 245, EDINA, MO, 63537
NTEE Category
Code: Y20 - Mutual benefit
If you are a representative of Knox County Mutual Insurance Company and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.